2241 ACTUARIES, MATHEMATICIANS AND STATISTICIANS

2241 ACTUARIES, MATHEMATICIANS AND STATISTICIANS

UNIT GROUP 2241 ACTUARIES, MATHEMATICIANS AND STATISTICIANS
ACTUARIES, MATHEMATICIANS AND STATISTICIANS develop and apply actuarial, mathematical, statistical and quantitative principles and techniques to solve problems in a range of fields such as business and finance, scientific and social research, and engineering.

Econometricians are excluded from this unit group. Econometricians are included in Unit Group 2243 Economists.

Indicative Skill Level:
In Australia:

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Registration or licensing may be required.

Tasks Include:

defining, analysing and solving complex financial and business problems relating to areas such as insurance premiums, annuities, superannuation funds, pensions and dividends

examining financial projections for general insurance companies, finance companies, government and other organisations

224112 MATHEMATICIAN
Develops and applies mathematical principles and techniques to solve problems in all areas of the sciences, engineering, technology, social sciences, business, industry and commerce.

Skill Level: 1

Specialisation:

Operations Research Analyst

224113 STATISTICIAN
Designs and applies statistical principles and techniques for collecting, organising and interpreting quantifiable data, and uses statistical methodologies to produce statistical reports and analyses for government, commercial and other purposes.